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Who Should File For Bankruptcy And Who Should Not?


maybemaybemaybe
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Posted on August 10, 2009 at 3:57 am
Who should not file for bankruptcy?

Debt settlement companies who have a lot of live/active accounts/clients (is that what they call those?)

People would think that it's orchestrated, premeditated, and that's bad for the debt settlement industry.

Wyatt Earp (Guest)
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Posted on October 5, 2009 at 3:39 am
In asking the question "Who should file for bankruptcy?" I have a question myself:

Who qualifies for this specifically? Do I have to have a certain amount of income in order to be approved for this filing?

Purple Cow
Rep Points:
Posted on October 8, 2009 at 1:48 am
To answer the question "Who should file for bankruptcy," an exhaustive list of answers can also be found here:

http://www.bankruptcylawnetwork.com/2009/05/25/who-should-file-for-bankruptcy/

teena (Guest)
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Posted on October 15, 2009 at 1:53 am
Who should file for bankruptcy? --- Well i am a business owner and I want to know if I can still keep my business if I have filed for bankruptcy. Can anyone alswer my query? thanks

Karess
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moderator
Posted on October 15, 2009 at 2:56 am
Who should file for bankruptcy? --- Well i am a business owner and I want to know if I can still keep my business if I have filed for bankruptcy. Can anyone alswer my query? thanks

If you are filing for Chapter 7 bankruptcy, you are not allowed to keep your business.

If you are filing for Chapter 13, on the other hand, you can keep your business, provided that it is a sole proprietorship.

Are you still in the process of filing for bankruptcy as we speak?

choco lava (Guest)
Rep Points:
Posted on October 23, 2009 at 1:38 am
Who should file for bankruptcy?

Anyone who is insolvent should file for bankruptcy.
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